Widget Economics Begins

Over the past year and a half, venture capital investors have invested about $ 250 million in Internet companies that are building their business on creating widgets. The Widget Economy, which experts have long spoken about , is finally beginning to show itself in all its glory, says well-known venture capitalist Josh Kopelman in his blog. The reason for his speech was the recent sensational transformation of Facebook , which released a new version of its web service - what has already been called the "operating system for social networks."

Until last week, the main concern of the widget economy was the monopoly of Myspace. Widgets had to fight for life in this environment unfriendly to widgets. Now, with the advent of the revolutionary Facebook APIs, this problem has disappeared, according to Josh Kopelman.

via Josh Kopelman